Property sales continue to look strong for 2016

Liverpool’s property auction house, Sutton Kersh, has announced instructions for their next auction are up by almost a fifth.

Their May auction will see 102 Lots offered for sale, a 19% increase compared to the same auction last year.

Cathy Holt, Associate Director of Sutton Kersh auctions said:

“It’s another big auction with some really varied opportunities coming to market, from plots of lands, some with a nil reserve to commercial investments, vacant residential properties and some really good development prospects.  We fully expect sales figures to be high again for the next auction, which is a good sign of the buoyancy of the property market in the Liverpool City Region.”

Sutton Kersh’s next auction will be held on the 26th May at the Crowne Plaza. The lots on sale will include:

·         Seven plots of land

·         Nine commercial investment opportunities

·         Five development opportunities

·         21 residential investment opportunities

·         60 vacant residential lots.

Amongst the lots on sale there are many unique properties that are worthy of mention such as the well known Banjo Pub, in Bootle and the Tabernacle United Reformed Church, in Holywell.

Also Lot 70, a three storey semi-detached property in Sefton Park which has received a lot of interest due to its potential. The property includes six separate flats with front and rear gardens, and comes at a guide price of £325,000.

Other properties of interest include lot 1, a three bed semi-detached property in Norton Grove, Maghull. The property is set at a guide price of £70,000 and let at £4092 per annum.

A final property of note is lot number 88. Located in Oxton Close, the two bed semi-detached property sits in a popular and well established residential location and is approximately four miles from Liverpool City Centre. Just around the corner from 35 Fullwood, which was in Sutton Kersh’s last auction, with a guide price of £100k but sold for £143k. Oxton Close has a price guide of £90,000 and the firm is expecting bidding to be fierce.

Sutton Kersh’s next auction will begin at 12 noon on the 26th May.  For more information, or call 0151 207 6315.

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